Speed skating at the 1948 Winter Olympics – Men's 500 metres
| 500 metres at the V Olympic Winter Games
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| Venue | St. Moritz Olympic Ice Rink | ||||||||||||||||
| Dates | January 31 | ||||||||||||||||
| Competitors | 42 from 15 nations | ||||||||||||||||
| Winning time | 43.1 | ||||||||||||||||
| Medalists | |||||||||||||||||
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Finn Helgesen |
 Norway
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Ken Bartholomew |
 United States
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Thomas Byberg |
Norway
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Robert Fitzgerald |
United States
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The 500 metres speed skating event was part of the speed skating at the 1948 Winter Olympics programme. The competition was held on Saturday, January 31, 1948.
Forty-two speed skaters from 15 nations competed.
These were the standing world and Olympic records (in seconds) prior to the 1948 Winter Olympics.
(*) The record was set in a high altitude venue (more than 1000 metres above sea level) and on naturally frozen ice.
(**) This time was set in packstyle format, having all competitors skate at the same time.
Five speed skaters were faster than the standing Olympic record. Finn Helgesen set a time of 43.1 seconds.
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